Common use of Canceling, Terminating or Requesting a Stop Payment on a Payment Clause in Contracts

Canceling, Terminating or Requesting a Stop Payment on a Payment. You may cancel a pending Payment prior to the cutoff time on the Transfer Day the Transaction is scheduled to be processed. If we don’t receive your instructions to cancel before that time, we may process the Transaction. A stop payment cannot be placed on a Bill Payment transaction once issued if the Bill Payment is made electronically. If the Payment is a check drawn on your account, you may stop payment on the check until the check has been presented for payment. Call our Customer Service Center to place a stop payment on a Bill Payment check drawn on your Account, the standard stop payment fee will be charged. There is no fee for deleting a Payment initiated through Bill Payment. In the event a Payment is returned to us for any reason, you authorize us, in our sole and absolute discretion, to either research and correct the Payment information or to void the Payment and re-credit your Account.

Canceling, Terminating or Requesting a Stop Payment on a Payment. You may cancel a pending Payment prior to the cutoff time on the Transfer Day the Transaction is scheduled to be processed. If we don’t receive your instructions to cancel before that time, we may process the Transaction. A stop payment cannot be placed on a Bill Xxxx Payment transaction once issued if the Bill Xxxx Payment is made electronically. If the Payment is a check drawn on your account, you may stop payment on the check until the check has been presented for payment. Call our Customer Service Center to place a stop payment on a Bill Xxxx Payment check drawn on your Account, the standard stop payment fee will be charged. There is no fee for deleting a Payment initiated through Bill Xxxx Payment. In the event a Payment is returned to us for any reason, you authorize us, in our sole and absolute discretion, to either research and correct the Payment information or to void the Payment and re-credit your Account.